Tuesday, 28 September 2021 05:46
Japanese utility JERA takes stake in power player in Philippines ahead of LNG and infrastructure build out
JERA Co. Inc., the largest Japanese utility and liquefied natural gas importer, has decided to acquire a 27 percent stake in Aboitiz Power Corp. for $1.58 billion to partner with the major utility in the Philippines as the Asian nation builds out LNG and gas-fired power projects.
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